Dan Eberhart Analyzes Crude Oil Demand

Dan Eberhart, CEO of Canary LLC, thinks the bearish case for crude is due to increased lockdowns in Europe and the increase in cases in India. He thinks we need to be bullish overall, with the increase in rig count and U.S. and OPEC crude production rising. He says the expected GDP growth of 6% to 6 1/2% are massive numbers that will increase demand. He thinks we will wobble around 60 and end the year somewhere around 70 dollars per barrel. He discusses natural gas and the electric vehicle market, saying there is a potential for a natural gas boom with the increased adoption of EVs.

Futures

06 Apr 2021

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Dan Eberhart Analyzes Crude Oil Demand

Dan Eberhart, CEO of Canary LLC, thinks the bearish case for crude is due to increased lockdowns in Europe and the increase in cases in India. He thinks we need to be bullish overall, with the increase in rig count and U.S. and OPEC crude production rising. He says the expected GDP growth of 6% to 6 1/2% are massive numbers that will increase demand. He thinks we will wobble around 60 and end the year somewhere around 70 dollars per barrel. He discusses natural gas and the electric vehicle market, saying there is a potential for a natural gas boom with the increased adoption of EVs.

Futures

06 Apr 2021

ON AIR
2:00 pm
Market On Close
12:00 am
Fast Market
REPLAY
1:00 am
Trading 360
REPLAY
2:00 am
Next Gen Investing
REPLAY
3:00 am
Your First Trade
REPLAY
3:30 am
Trading 360
REPLAY
4:30 am
Next Gen Investing
REPLAY
5:30 am
Your First Trade
REPLAY
6:00 am
Fast Market
REPLAY
7:00 am
Futures
8:00 am
Morning Trade Live
10:00 am
Trading 360
11:00 am
Fast Market
12:00 pm
Next Gen Investing
1:00 pm
The Watch List
ON AIR
2:00 pm
Market On Close
4:00 pm
Your First Trade
4:30 pm
Trading 360
REPLAY
5:30 pm
Fast Market
REPLAY
6:30 pm
Next Gen Investing
REPLAY
7:30 pm
Your First Trade
REPLAY
8:00 pm
Trading 360
REPLAY
9:00 pm
Fast Market
REPLAY
10:00 pm
Next Gen Investing
REPLAY
11:00 pm
Trading 360
REPLAY

Get Market Minute

Daily insights for every investor

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